Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) to Issue Dividend of $0.25

Apollo Senior Floating Rate Fund Inc. (NYSE:AFT) declared a dividend on Monday, July 1st, NASDAQ reports. Stockholders of record on Thursday, July 11th will be paid a dividend of 0.2463 per share by the closed-end fund on Thursday, July 18th. The ex-dividend date is Thursday, July 11th.

Apollo Senior Floating Rate Fund Stock Performance

Shares of AFT stock traded up $0.06 during trading on Tuesday, reaching $14.62. The company’s stock had a trading volume of 121,888 shares, compared to its average volume of 96,559. Apollo Senior Floating Rate Fund has a one year low of $12.54 and a one year high of $15.14. The business has a fifty day moving average price of $14.65 and a 200-day moving average price of $14.18.

About Apollo Senior Floating Rate Fund

Apollo Senior Floating Rate Fund Inc is a closed ended fixed income mutual fund launched and managed by Apollo Credit Management, LLC. The Fund invests in fixed income markets. It primarily invests in senior secured loans made to companies whose debt is rated below investment grade. The Fund employs a conservative approach to credit selection that focuses on collateral coverage, structural seniority, and credit fundamentals, with emphasis on leading defensible market positions, stable companies with positive cash flow, and proven management teams.